Friday's breach of 89.49/51 resistance area and subsequent rally to 90.69 signal erratic decline from 93.78 has indeed formed a temporary low at 88.14 last Wednesday n as long as 89.49/51 holds, upside bias remains for further gain to 91.25/30 and then 91.55/60 but over bought condition should keep price below 92.00/05.  
On the downside, below 89.49/51 would signal aforesaid said corrective rise from 88.14 has formed a top and bring retreat to 88.95/00 later.